TY - JOUR
T1 - Effect of female executives on Chinese cultural media enterprise efficiency
AU - Li, Ying
AU - Chiu, Yung Ho
AU - Lin, Tai Yu
AU - Cen, Hongyi
N1 - Funding Information:
The authors are grateful for the funding and support provided by the research project. They are very grateful to the following research projects for their help in this research: National natural Science fund in China, Sichuan Science project, and Sichuan Social Science project
Funding Information:
The authors are grateful for the funding and support provided by the research project. They are very grateful to the following research projects for their help in this research: National natural Science fund in China, Sichuan Science project, and Sichuan Social Science project Funding: National natural Science fund in China, No. 71773082; Sichuan Science project, No. 2020JDR0079 Sichuan Social Science project, No. SC20A008.
Publisher Copyright:
© 2021, Emerald Publishing Limited.
PY - 2022/3/11
Y1 - 2022/3/11
N2 - Purpose: As more women are now being appointed to senior and top management positions and invited to sit on boards of directors, they are now directly participating in strategic company decision-making. As female directors have been found to provide new ideas, increase company competitiveness, efficiency and performance and bring a greater number of external resources to a company than male directors, this paper aims to put female directors as a variable into the data envelopment analysis (DEA) and statistical models to explore the effect of female directors on operating performances. The DEA first quantified and measured the company efficiencies, after which the statistical model analyzed the correlations between the variables to specifically identify the impact of female decision makers on the operating efficiencies in state-owned and private enterprises. Design/methodology/approach: A novel two-stage, meta-hybrid dynamic DEA was developed to explore Chinese cultural media company efficiencies under optimal input and output resource allocations, after which Tobit Regression was applied to determine the effect of female executives on these efficiencies. Findings: From 2012 to 2016, the overall efficiencies in Chinese state-owned cultural media enterprises were better than in the private cultural media enterprises. The overall technology gaps (TGs) in the state-owned cultural media enterprises were better than in the private cultural media enterprises. Originality/value: Previous research has tended to focus on the causal relationships between female senior executives and business performances; however, there have been few studies on the relationships between female executives and company performance from an efficiency perspective (optimal resource allocation). This paper, therefore, is the first to develop a novel two-stage, meta-hybrid dynamic DEA to examine Chinese cultural media enterprise efficiencies, and the first to apply Tobit Regression to assess the effect of female executives on those efficiencies.
AB - Purpose: As more women are now being appointed to senior and top management positions and invited to sit on boards of directors, they are now directly participating in strategic company decision-making. As female directors have been found to provide new ideas, increase company competitiveness, efficiency and performance and bring a greater number of external resources to a company than male directors, this paper aims to put female directors as a variable into the data envelopment analysis (DEA) and statistical models to explore the effect of female directors on operating performances. The DEA first quantified and measured the company efficiencies, after which the statistical model analyzed the correlations between the variables to specifically identify the impact of female decision makers on the operating efficiencies in state-owned and private enterprises. Design/methodology/approach: A novel two-stage, meta-hybrid dynamic DEA was developed to explore Chinese cultural media company efficiencies under optimal input and output resource allocations, after which Tobit Regression was applied to determine the effect of female executives on these efficiencies. Findings: From 2012 to 2016, the overall efficiencies in Chinese state-owned cultural media enterprises were better than in the private cultural media enterprises. The overall technology gaps (TGs) in the state-owned cultural media enterprises were better than in the private cultural media enterprises. Originality/value: Previous research has tended to focus on the causal relationships between female senior executives and business performances; however, there have been few studies on the relationships between female executives and company performance from an efficiency perspective (optimal resource allocation). This paper, therefore, is the first to develop a novel two-stage, meta-hybrid dynamic DEA to examine Chinese cultural media enterprise efficiencies, and the first to apply Tobit Regression to assess the effect of female executives on those efficiencies.
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U2 - 10.1108/GM-07-2020-0232
DO - 10.1108/GM-07-2020-0232
M3 - Article
AN - SCOPUS:85111646048
SN - 1754-2413
VL - 37
SP - 145
EP - 163
JO - Gender in Management
JF - Gender in Management
IS - 2
ER -